Back
Compare AU
Compare BANK vs. DAVA
Compare shares and ETFs on the ASX that you can trade on Pearler.
Overview
When it comes to investing in the Australian stock market, Exchange-Traded Funds (ETFs) are a popular choice. Two well-known options in the Australian Securities Exchange (ASX) are the Global X Australian Bank Credit ETF (BANK) and the Dimensional Australian Value Trust - Active ETF (DAVA). In this comparison, we'll delve into these ETFs across various dimensions to help you make an informed investment decision.
Community Stats
BANK | DAVA | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 12 | 12 |
Median incremental investment | $997.75 | $5,036.00 |
Median investment frequency | Monthly | Fortnightly |
Median total investment | $2,295.78 | $3,684.60 |
Average age group | > 35 | > 35 |
Key Summary
BANK | DAVA | |
|---|---|---|
Strategy | BANK.AX was created on 2024-07-22 by Global X. The fund's investment portfolio concentrates primarily on investment grade fixed income. The investment objective of the Fund is to provide investors a return (before fees and expenses) that tracks the performance of the Solactive Australian Bank Credit Index, a published index, by holding a portfolio of Bonds and Hybrid Securities that may comprise all or a representation of the securities comprising the Index. | DAVA.AX was created on 1999-06-10 by Dimensional. The fund's investment portfolio concentrates primarily on total market equity. The investment objective of the Trust is to provide long-term capital growth by gaining exposure to a diversified portfolio of Value Companies listed in Australia. |
Top 3 holdings | National Australia Bank Ltd Hybrid Security (2.98 %) National Australia Bank Ltd Hybrid Securiy (2.58 %) Commonwealth Bank of Australia 4.94944% (2.32 %) | Westpac Banking Corp (10.27 %) National Australia Bank Ltd (10.17 %) ANZ Group Holdings Ltd (8.74 %) |
Top 3 industries | Financials (64.43 %) Materials (24.53 %) Communication Services (5.56 %) | |
Top 3 countries | Australia (100.00 %) | |
Management fee | 0.25 % | 0.336 % |
Key Summary
BANK | DAVA | |
|---|---|---|
Issuer | Global X | Dimensional |
Tracking index | Solactive Australian Bank Credit Index - AUD - Benchmark TR Gross | |
Asset class | ETF | ETF |
Management fee | 0.25 % | 0.336 % |
Price | $9.96 | $31.98 |
Size | $185.535 million | N/A |
10Y return | N/A | N/A |
Annual distribution yield (5Y) | 3.46 % | 4.60 % |
Market | ASX | ASX |
First listed date | 23/07/2024 | 18/08/2024 |
Purchase fee | $6.50 | $6.50 |
Community Stats
BANK | DAVA | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 12 | 12 |
Median incremental investment | $997.75 | $5,036.00 |
Median investment frequency | Monthly | Fortnightly |
Median total investment | $2,295.78 | $3,684.60 |
Average age group | > 35 | > 35 |
Pros and Cons
BANK | DAVA | |
|---|---|---|
Pros |
|
|
Cons |
|
|
BANK | DAVA |
|---|---|
Lower exposure to AU market | Higher exposure to AU market |
Lower management fee | Higher management fee |
Lower distribution yield | Higher distribution yield |